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Define characteristics of business?
Most Upvoted Answer
Define characteristics of business?
A business is the organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. There are three key characteristics that must be met to have a business: ... Second,businesses must satisfy a societal need.
Community Answer
Define characteristics of business?
1.it is an economic activity. 2.it should be on regular basis. 3.production/procurement/exchange of goods/ should be occure. 4.motive is profit.
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Define characteristics of business?
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